Information on the intention to acquire Midas S.A. shares as a result of the mandatory squeeze-out

05 May 2016

The Management Board of Cyfrowy Polsat S.A. (the “Company”) announces that on 5 May 2016 the Management Board of Polkomtel sp. z o.o. (“Polkomtel”), an indirect subsidiary of the Company, adopted a resolution to acquire up to 100% of shares in Midas S.A. (“Midas”) (the “Resolution”). According to the Resolution, Polkomtel will take actions aimed at announcing and conducting a mandatory squeeze-out of Midas shares, including the establishment of a statutory collateral, as well as actions aimed at reversing the dematerialization of Midas shares and delisting Midas shares from the regulated market.

Legal basis: Article 56 Section 1 point 1 of the Act on the Public Offerings and Conditions of the Introduction of Financial Instruments to the Organized System of Trading and on Public Companies.

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Last updated 05/05/2016